Fabrication Gold Market
Fabrication Gold Market Analysis by Mine Production and Scrap Supply Sources for Jewelry, Official Coins, Electronics, and Others from 2023 to 2033
Analysis of Fabrication Gold Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Fabrication Gold Market Outlook (2023 to 2033)
The global fabrication gold market is estimated to be valued at US$ 145.3 billion in 2023. Global demand for gold fabrication is anticipated to increase at a CAGR of 4.6% to reach a market value of US$ 228 billion by the end of 2033.
The mine production segment is forecasted to expand at a CAGR of 4.5% through 2033.
The jewelry fabrication process encompasses a wide range of steps, from simple assembly to the creation of handcrafted pieces. Precious metal parts or segments are joined together through welding or soldering to produce the final product. A variety of components are employed in jewelry fabrication, including cages, prongs, and heads for setting gemstones, as well as clutches, clasps, and earring posts that provide practical functions.
Bench jewelers carry out the process of jewelry fabrication, which involves assembling various individual elements to create a finished piece of jewelry. To accomplish this, jewelers must use soldering or welding techniques to join together different precious metal components of varying colors.
Regardless of the specific circumstances, jewelry fabrication always requires the use of various parts, as well as the process of bonding and preparation. Jewelry casting is commonly utilized for creating these parts, which can then be incorporated into the overall fabrication process. The cast items are produced using CAD (computer-aided design). Although the raw castings may initially be rough, they can be refined and shaped by skilled artisans to achieve the desired final product.
Thorough cleaning and deburring of cast items are critical components of the jewelry fabrication process. Adequate preparation is necessary to ensure that the cast components can be seamlessly integrated with the respective model during assembly.
In some cases, certain parts may need to be fabricated from raw metal that is drawn or rolled into wire and sheets. This allows for the creation of details or settings that can be added to the overall design through welding or soldering. Jewelers often utilize essential tools such as rotary grinding tools, gravers, and files to shape these raw materials into the required design elements, which can then be applied as an applique to the models.
According to this research analysis conducted by Fact.MR, a provider of market research and competitive intelligence, the jewelry industry is characterized by a fragmented nature, with numerous companies operating within it. The market is currently in its late growth phase and is subject to ongoing innovation and the emergence of new opportunities.
Fact.MR's research report is intended to assist clients in identifying new growth opportunities and devising innovative strategies to drive further growth in the industry.
Report Attributes | Details |
---|---|
Fabrication Gold Market Size in 2023 | US$ 145.3 Billion |
Estimated Market Value (2033) | US$ 228 Billion |
Forecasted Market Growth Rate (2023 to 2033) | 4.6% CAGR |
Canada Market Growth Rate (2023 to 2033) | 4% CAGR |
Germany Market Growth Rate (2023 to 2033) | 3.3% CAGR |
Expected Growth of Scrap Supply Segment (2023 to 2033) | 5% CAGR |
Key Companies Profiled | AngloGold Ashanti Limited; Newmont Mining Corporation; Kinross Gold Corp; Barrick Gold Corporation; Goldcorp |
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Which Factors are Contributing to Demand for Gold Fabrication?
“Economic Growth in Developing Countries Fueling Demand for Gold Fabrication”
Developing countries are set to experience a significant increase in economic power, thanks to their potential for rapid growth. This notable economic growth in developing economies is expected to have a positive impact on the demand for gold fabrication.
It is predicted that the population of the working class will rise significantly by the end of the forecast period. This is expected to result in higher disposable income, leading to an increase in demand for gold over the next 10 years. Additionally, the cultural affinity towards gold as a precious metal can create profitable opportunities in the target market.
“Technological Advancements in Mining Contributing to Increased Gold Production”
- According to data published by My Gold Guide on February 19, 2020, the production of gold has almost doubled over the last 30 years.
Despite a constant increase in exploration spending since 2000, the rate of discovering new sources of gold is declining. However, technological advancements such as mining automation are expected to bring about a paradigm shift in gold mining during the forecast period.
Increased connectivity and computing power brought about by technological advancements can have a transformative effect on the gold mining process. This may lead to a shift towards underground mining as opposed to open-pit mining, and greater use of solar energy and automation. These developments are expected to increase demand for more sustainable and safer mining techniques. Thus, these advancements can directly impact the overall production of gold and lead to high demand for gold fabrication.
“Rapid Technological Advancements Facilitating Convenient Gold Investment Procedures”
As with every industry, rapid technological advancements have the potential to revolutionize the way the gold industry operates. For instance, mobile applications such as gold ETFs (exchange-traded funds) and digital gold enable investors to easily purchase, invest, sell, and gift gold in developing countries, particularly in India.
Gold is often considered a safe investment during economic downturns and financial crises, as it can provide stability and generate economic growth. As a result, the demand for gold investments can increase, leading to a rise in demand for gold and, consequently, for gold fabrication.
What is Restricting Demand Growth for Gold Fabrication to Some Extent?
“Need for Expensive Tools for Post-fabrication Procedures Limiting Market Expansion”
Jewelers must invest in expensive tools to carry out fabrication procedures. Moreover, there are additional post-fabrication procedures that must be performed, making the entire process time-consuming.
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Which Region Accounts for High Demand for Fabrication Gold?
“Growing Disposable Income and Rise in Purchasing Power Driving Demand for Gold Globally”
North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa are expected to generate significant demand for gold fabrication through 2033. Asia Pacific is anticipated to account for a substantial share of the market from 2023 to 2033.
Increase in Asia Pacific's growth is linked to the growing disposable income of individuals, which is boosting their capacity to spend on different luxury products and services. Among the countries in Asia Pacific, China, Türkiye, and India are generating profitable opportunities.
Gold jewelry is highly valued and admired by Indians, and it is often considered a prized possession for families. Unlike older generations, younger individuals are seeking more trustworthy and credible sources to purchase their jewelry. As a result, many jewelers are now exclusively selling hallmarked gold jewelry to attract these younger customers, which in turn, will create opportunities for new market players.
Country-wise Insights
What is the Demand Outlook for Fabrication Gold in Japan?
“Growing Demand for Gold from Electronics Sector in Japan”
Demand for fabrication gold in Japan is estimated to advance at a CAGR of 2.5% from 2023 to 2033. The increasing need for gold as a prominent industrial metal in various applications, particularly in the electronics industry, may result in a rise in demand for gold fabrication in Japan.
How is Demand for Fabrication Gold Shaping Up in the United States?
“Increase in Gold Jewelry Brands Contributing to Market Expansion”
Revenue from fabrication gold in the United States reached US$ 35 billion in 2022. The United States has been transitioning away from mass-market gold sales and experiencing a revival in the form of significant growth in designer gold jewelry brands. This trend has the potential to boost the demand for fabricated gold in the country.
Which Market Trends are Influencing the Demand for Fabrication Gold in Germany?
“Increasing Popularity of Physical Gold Ownership among Germans”
Demand for gold fabrication is forecasted to expand at a CAGR of 3.3% from 2023 to 2033 in Germany. Ownership of physical gold is extremely common among Germans. They use gold as an investment in the form of gold coins and gold bars, which will fuel the demand for gold fabrication.
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Category-wise Insights
Which Material Source is Projected to Account for High Market Share?
“Scrap Supply Segment to Advance at Noteworthy Rate”
The global fabrication gold market is classified into mine production and scrap supply, based on material source. The scrap supply segment is anticipated to expand at a CAGR of 5%, while mine production is predicted to advance at a CAGR of 4.5% through 2033 and reach a valuation of US$ 126 billion by the end of 2033.
Where is the Application of Fabrication Gold Substantial?
“Fabrication Gold Providers Benefitting from Growing Demand for Gold Jewelry”
Fact.MR, in its recently published research report, stated that the jewelry segment is forecasted to account for a substantial revenue share of the market. Demand for gold jewelry is rising in various countries, including Türkiye, China, and India.
Gold jewelry holds significant cultural significance in numerous countries worldwide, and this link is directly associated with economic development. Additionally, the rise in employment opportunities has contributed to the growth of the middle-class population in developing countries like India, intensifying the demand for gold and related products as a long-term investment. As a result, this factor has created growth opportunities.
Key Market Players
Gold fabrication companies are investing in advanced tools to enhance their respective processes. Additionally, they are strengthening their supply chain management systems to ensure that high-quality products are provided to end-users.
AngloGold Ashanti Limited, Newmont Mining Corporation, Kinross Gold Corp, Barrick Gold Corporation, and Goldcorp are key players in this market.
Segmentation of Fabrication Gold Industry
-
By Material Source :
- Mine Production
- Scrap Supply
-
By Application :
- Jewelry
- Official Coins
- Electronics
- Others
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Material Source
- 9.1 Mine Production
- 9.2 Scrap Supply
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 10.1 Jewelry
- 10.2 Official Coins
- 10.3 Electronics
- 10.4 Others
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 11.1 North America
- 11.2 Latin America
- 11.3 Europe
- 11.4 East Asia
- 11.5 South Asia
- 11.6 Oceania
- 11.7 Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Competition Analysis
- 20.1 AngloGold Ashanti Limited
- 20.2 Newmont Mining Corporation
- 20.3 Kinross Gold Corp
- 20.4 Barrick Gold Corporation
- 20.5 Goldcorp
- 21. Assumptions and Acronyms Used
- 22. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Material Source
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Material Source
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Material Source
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Material Source
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Material Source
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Material Source
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Material Source
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Material Source
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Material Source
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Material Source, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Material Source, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Material Source, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Material Source, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Material Source, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Application, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Material Source, 2023 (E)
Figure 18: North America Market Value Share, By Application, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Material Source, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Material Source, 2023 (E)
Figure 26: Latin America Market Value Share, By Application, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Material Source, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Material Source, 2023 (E)
Figure 34: Europe Market Value Share, By Application, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Material Source, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Material Source, 2023 (E)
Figure 42: South Asia Market Value Share, By Application, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Material Source, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Material Source, 2023 (E)
Figure 50: East Asia Market Value Share, By Application, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Material Source, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Material Source, 2023 (E)
Figure 58: Oceania Market Value Share, By Application, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Material Source, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Material Source, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Material Source, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Material Source, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By Application, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Material Source, 2023 (E)
Figure 78: Canada Market Value Share, By Application, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Material Source, 2023 (E)
Figure 81: Mexico Market Value Share, By Application, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Material Source, 2023 (E)
Figure 84: Brazil Market Value Share, By Application, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Material Source, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Application, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Material Source, 2023 (E)
Figure 90: Germany Market Value Share, By Application, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Material Source, 2023 (E)
Figure 93: France Market Value Share, By Application, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Material Source, 2023 (E)
Figure 96: Italy Market Value Share, By Application, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Material Source, 2023 (E)
Figure 99: Spain Market Value Share, By Application, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Material Source, 2023 (E)
Figure 102: Russia Market Value Share, By Application, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Material Source, 2023 (E)
Figure 105: China Market Value Share, By Application, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Material Source, 2023 (E)
Figure 108: Japan Market Value Share, By Application, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Material Source, 2023 (E)
Figure 111: South Korea Market Value Share, By Application, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Material Source, 2023 (E)
Figure 114: India Market Value Share, By Application, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Material Source, 2023 (E)
Figure 117: ASEAN Market Value Share, By Application, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Material Source, 2023 (E)
Figure 120: Australia Market Value Share, By Application, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Material Source, 2023 (E)
Figure 123: New Zealand Market Value Share, By Application, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Material Source, 2023 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Material Source, 2023 (E)
Figure 129: Turkey Market Value Share, By Application, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Material Source, 2023 (E)
Figure 132: South Africa Market Value Share, By Application, 2023 (E)
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- FAQs -
What is the current valuation of the fabrication gold market?
The global fabrication gold market is valued at US$ 145.3 billion in 2023.
What is the demand outlook for fabrication gold by 2033?
Demand for gold fabrication is projected to reach US$ 228 billion by the end of 2033.
What is the projected growth rate for the global market?
Demand for gold fabrication is anticipated to increase at a CAGR of 4.6% through 2033.
At what rate is the demand for fabrication gold projected to advance in Canada?
Revenue from gold fabrication is forecasted to rise at a CAGR of 4% in Canada.
At what pace will the supply scrap segment progress through 2033?
The supply scrap segment is forecasted to advance at a CAGR of 5% CAGR from 2023 to 2033.
What was the valuation of the fabrication gold market in the United States in 2022?
The fabrication gold market in the United States was valued at US$ 35 billion in 2022.
Who are the prominent global players engaged in gold fabrication?
AngloGold Ashanti, Newmont Mining, and Kinross Gold are key gold fabrication companies.